Todd Hackett
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2940 Glenway Avenue
Cincinnati, OH 45204

$590,000

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Listing Details

  • $590,000
  • MLS# 1881611
  • Type Multi Unit - Multiple
  • Status Active
  • 0.141 acres
    Lot Size
  • 1961
    Year Built
  • Cincinnati
    Local Schools

Local Information

Listed By

Agency Name: Sibcy Cline, Inc.
Agent Name: Bridget Dawson

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Shown By

Agent Name: Todd Hackett
Agent Phone: (937) 477-8061
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

Excellent investment featuring TWO four-family buildings with EIGHT 1 bed 1 bath units being sold together w/strong cash flow & additional upside potential by adding a 5th unit in both basements. Both buildings must be sold together (no exceptions). Shared coin laundry facilities, ample off-street parking in private lot, dumpster onsite. 7 of 8 units are leased & newly renovated w/new flooring, modern kitchens & bathrooms. Current gross rents for 7 occupied units-$6,260 per month, $75,120 yearly. Projected rent when fully occupied-$7,105 per month, $85,260 yearly. At 2934, one vacant unit actively being marketed for rent at $845, owner pays...read more

Features

  • Wall Unit
  • 0 Fireplace
  • Forced Air, Gas
  • 2.0 Stories
  • $9,890 Taxes
  • Public
  • Built in 1961

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